The Indonesian House of Representatives Commission VI, which oversees trade, industry and state-owned enterprises (SOE), has given its nod to ratification of the ASEAN Agreement on Electronic Commerce (AAEC). Political parties within the commission agreed to move forward with the deliberation of the bill at the upcoming plenary meeting, which is the final stage for passing it into law.
Trade Minister Muhammad Lutfi told lawmakers during a hearing on Wednesday that the law would include several aspects of e-commerce regulation, including consumer protection, protection of e-commerce platforms, intellectual property rights, competition and cybersecurity. “I hope this bill can be passed soon and the ASEAN Agreement on E-commerce can be implemented immediately,” Lutfi said on Wednesday.
